Well, this is a bit of progress.
The guru of Radha Soami Satsang Beas, Gurinder Singh Dhillon, says that he will answer questions about the seemingly shady financial dealings he, his family, and possibly RSSB itself (a charitable organization) have been involved in.
Today someone sent me a link to a story in The Indian Express, "Upcoming payouts a possible trigger for Singh brothers feud." Excerpt:
According to a source privy to the development, some senior members of the sect recently asked Dhillon about his reaction to various news reports regarding the Singh brothers. The source said that Dhillon told these members that he has answers to all the questions that have been raised and he will give the answers himself at an opportune time. Dhillon told the senior members that spiritual and business aspects of our lives are separate and that devotees should focus on the former and not get diverted from it.
The RHC Holding as well as the RSSB did not respond to the queries sent by The Indian Express. Another source — involved with RSSB’s corporate dealings — added that Dhillons have been in business with Singh brothers for a very long time. “Take the example of Luminous Holdings, which was set up in 2002, and has Babaji himself as a director. Moreover, his wife Shabnam Dhillon is the other director of this company,” he said.
According to documents with corporate affairs ministry, Luminous Holdings had a long term borrowing of Rs 6.5 crore as on March 2017. Of that, around Rs 4.4 crore came from Delhi-based Fern Healthcare. In June, a probe by law firm Luthra and Luthra found that Singh brothers moved about Rs 475 crore from Fortis to various private companies. Fern Healthcare was one of them.
I've got a couple of thoughts about this.
(1) Indian business publications have been reporting on the tangled web of financial dealings involving the Singh brothers and the guru's family for a long time. To date, every story I've read has said that RSSB and the guru refused to comment to a reporter. So it's odd that now Gurinder Singh Dhillon is saying he'll answer questions "at an opportune time."
That time was quite a while ago. So every day the guru isn't willing to stand up in front of a press conference and answer pointed questions about his financial involvements is a day people are going to be wondering, "What does Gurinder Singh Dhillon and Radha Soami Satsang Beas have to hide?
(2) As I noted in a recent post, apparently the guru has never read a book published by the spiritual organization that he heads. "Honest Living" makes clear that, contrary to what Gurinder Singh is claiming, actually the spiritual and business aspects of our lives are closely related. If you do bad stuff in your business life, your spiritual life is going to suffer -- even, or especially, if you are a guru who is considered to be God in Human Form by the RSSB teachings.
(3) Yesterday I shared a CNBC TV 18 video of a program where there was a call for the RSSB charitable trust to be audited, to clear up questions about whether the Dhillon family, or anyone else, has been benefitting from a co-mingling of RSSB money and private money.
If RSSB and Gurinder Singh Dhillon have nothing to hide, they should be pleased to open the books of RSSB to inspection by a independent auditor. And the Dhillon family's own finances also should be audited so questions about their dealings with financial entities involving the Singh brothers can be cleared up.
The Business Insider story ends with these passages, which show the need for an investigation into whether the Dhillon family or RSSB benefitted from the purported illegal financial transactions cited by Shivinder Singh. Sunil Godhwani is reportedly the guru's "right-hand man," and is a RSSB insider.
Meanwhile, PTI reported on Tuesday that Shivinder has alleged in his petition before the NCLT that his elder brother Malvinder perpetrated illegal financial transactions, forged Shivinder’s wife’s signature and led the company into an unsustainable debt trap.
Malvinder and Godhwani “used their respective positions to perpetrate or cause others to perpetrate illegal financial transactions and various acts of mismanagement by and through RHC, leading to massive losses to RHC and its subsidiaries, and a depletion of the wealth,” the petition said, according to PTI.